Clinton Group Presses for Sale of Nutrisystem

Clinton Group Also Repeating Calls for Nutrisystem Buyback and Dividend Boost

Activist investor Clinton Group Inc. again is pressing for a sale of Nutrisystem Inc. while also repeating its calls for the weight-loss products company to buy back stock and raise its dividend.

In a letter to Nutrisystem Chief Executive Dawn Zier, Clinton said it is “aware of private-equity firms that are interested in discussing a buyout” that would take Nutrisystem private but keep the current management team in place. The activist investor estimates that the company would fetch $23 per share, a 52% premium to the stock’s...